Tether CEO: Holding 100,000 Bitcoins and 50 Tons of Gold, Pushing Stablecoin Diversification Strategy

At the "Bitcoin 2025" conference, Paolo Ardoino, CEO of stablecoin issuer Tether, revealed that the company currently holds more than 100,000 bitcoins and more than 50 tons of physical gold. He emphasized: "Bitcoin is perfect, gold is imperfect." He pointed out that gold is not competing with Bitcoin, but with fiat currency.

Ardoino said that Tether has enhanced the stability and market trust of its flagship stablecoin USDT through diversified asset allocation. This strategy has achieved remarkable results. Although the company's profit in 2024 was as high as about US$13 billion, due to the volatility of the Bitcoin and gold markets, the profit in the first quarter of 2025 fell to about US$1 billion. As of the end of March this year, Tether held more than US$7 billion worth of Bitcoin (calculated at US$83,000 per coin at the time) and more than US$6 billion worth of gold.

Despite the sharp fluctuations in the crypto market, Tether has maintained solid returns with its large portfolio of traditional assets, especially in the U.S. Treasury bonds - Tether currently holds nearly $120 billion in U.S. Treasury bonds, surpassing Germany and becoming the world's 19th largest holder of U.S. Treasury bonds.

This diversified reserve strategy not only consolidates the credit foundation of USDT, but also enhances Tether's influence in the global financial system. As crypto assets and traditional finance are increasingly integrated, Tether's asset allocation is setting a new benchmark for the industry.

In addition to the coordinated layout of crypto assets and traditional assets, Tether is also actively expanding into commodity trading and energy production. Ardoino revealed that the company plans to promote the widespread use of stablecoins in commodity trading, believing that "all international commodity trading will run on stablecoins in the next five years."

In terms of energy, Tether has invested more than $2 billion and continues to increase its investment in Bitcoin mining. Ardoino expects that by the end of this year, Tether will become the world's largest Bitcoin miner, surpassing all listed companies.

In addition, Tether has also released its own AI platform QVAC, which is dedicated to developing intelligent entities with the ability to manage funds autonomously. Ardoino envisions that these AI agents will have non-custodial wallets, work for themselves, and are not subject to external rules. He also announced that the company will cooperate with the video platform Rumble to launch the Rumble wallet, which will focus on Bitcoin first and support stablecoin storage.

Tether's series of strategic initiatives demonstrate its foresight and adaptability in the changing global financial landscape, which may have a profound impact on the entire crypto industry.